Closed: $800K Dollar General Portfolio – First Mortgage

By |1 min read|Published On: February 2nd, 2023|Last Updated: June 22nd, 2023|

Dollar General store front

Gelt Financial is excited to announce we just closed a Dollar General in Warren, OH. This First Mortgage was for a repeat borrower and needed to close FAST. The borrower used our private funding for a ground-up construction project for Dollar General. This loan was a modification and used for a cash-out refinance. The asset quickly became stabilized and cash-flowing with a national credit tenant. Our expert team made it happen in less than two weeks.

About Gelt Financial

Gelt Financial is a non-bank commercial real estate lender. We closed more than 10,000 loans totaling over $1 billion since 1989. Gelt focuses on providing debt to non-bank borrowers on all types of commercial real estate, including but not limited to multifamily, office, retail, warehouse, industrial, self-storage, and mixed-use.

For more info on how Gelt can help you with an investment property or on any of our other various products and services, take a look at what President Jack Miller on Gelt’s YouTube channel and for more info on our completed deals, check our Deals Done.

Commercial Mortgage Lender – Related posts